Market socialism has also been used as a name for any attempt by a Soviet-style economy to introduce market elements into its economic system. In this sense, "market socialism" was first attempted during the 1920s in the Soviet Union as the New Economic Policy (NEP), but soon abandoned. Later, elements of "market socialism" were introduced in Hungary (where it was nicknamed "goulash socialism"), Czechoslovakia and Yugoslavia (see Titoism) in the 1970s and 1980s. Modern Vietnam and Laos also describe themselves as market socialist systems. The Soviet Union attempted to introduce a market socialist system with its perestroika reforms under Mikhail Gorbachev, but this led to the collapse of the USSR in 1991.Just a brief return to discussing utopias.
Every time you see a worker managed business, such as small steel mills or some railroads, you are encountering this concept in progress.
It works best in slow economies where technological change has slowed to a crawl. It is why Yugoslavia, before the fall of communism, had food for sale without lines, and stores with goods in them, even though it was cut off from both Russian and American spheres (it was independent of Russia and was communist).
Interesting stuff, for looking forward to times people might live together in peace, or for those who ask themselves if Libertarian Democrats and Big Government Republicans are possible.
I'll be back to grief and grief related issues shortly. Probably after I get some comments to give me ideas or direction.